We know you are anxious to get your property rented and we are often asked what you can do to put your property in the most favorable light with prospective tenants. Here is what 25 years of experience showing properties has taught us!
1) Colors- The color of paint and wallpaper are a big issue with most tenants. Anything other than neutral colors is much harder to lease. Very bright and/or dark colors only appeal to a small percentage of the population. This is especially important in the major living areas of the dwelling such as the living room, family room and kitchen. Tenants have to match furniture to their new home and the odds of them picking your colors are relatively reduced unless their items will reasonably match the current color scheme.
2) Cleanliness- If a property is not clean inside and out, it is almost impossible to get rented. Please note the following when preparing your property:
a. Items should be removed from the basement, attic, and garage areas. Tenants will want to use those areas to store their own items.
b. Cupboards, countertops, appliances (inside and out) and flooring should be wiped down and clean.
c. Carpeting should be vacuumed and free of stains, holes, and marks. Severely worn carpet must be replaced. There are many properties available with new carpet.
d. Walls should be free of fingerprints, marks, dirt and holes.
e. Front and rear yards should be free of debris and not overgrown.
3) Working Order- Your property and appliances should be in good working order. Not only is this imperative to tenants, but it is required by city codes and rental standards. Locks should work, doors should open and close and be free of holes, windows must be able to be opened and closed as well as lock, screens should not be missing and steps should be usable. The stove and refrigerator must be in working condition.
We are in the most competitive rental market we have ever experienced. Due to the housing crisis and the local economy, there are more rental properties available to interested tenants. Properties that don’t show very well usually get passed over because there are too many available that will show well.
Remember, if your property doesn’t show well, you are probably
going to attract the wrong type of tenant.
We aren’t suggesting your repaint your entire house or go overboard remodeling. A few small improvements can go a long way in putting your property ahead of everyone else in the rental market.
Author: Service Specialties, Inc.
Service Specialties, Inc.. located in Mt. Clemens, Michigan was founded in 1981 and is owned and operated by Catherine Bott (President). Service Specialties, Inc. has managed thousands of properties over the years. Our services currently cover single-family homes, multi-units of varying sizes, apartment communities, office, retail, and industrial buildings as part of our portfolio of properties.With over 25 years of experience and expertise in the management and real estate business, we are able to provide our clients with programs that exceed their expectations, maximize the value of their investment, and present information that gives them a thorough understanding of their financial position in their properties.
Our Mission Statement
Provide first class property management services to our Owners and Tenants so that our clients' property values are safeguarded and enhanced.
1) Colors- The color of paint and wallpaper are a big issue with most tenants. Anything other than neutral colors is much harder to lease. Very bright and/or dark colors only appeal to a small percentage of the population. This is especially important in the major living areas of the dwelling such as the living room, family room and kitchen. Tenants have to match furniture to their new home and the odds of them picking your colors are relatively reduced unless their items will reasonably match the current color scheme.
2) Cleanliness- If a property is not clean inside and out, it is almost impossible to get rented. Please note the following when preparing your property:
a. Items should be removed from the basement, attic, and garage areas. Tenants will want to use those areas to store their own items.
b. Cupboards, countertops, appliances (inside and out) and flooring should be wiped down and clean.
c. Carpeting should be vacuumed and free of stains, holes, and marks. Severely worn carpet must be replaced. There are many properties available with new carpet.
d. Walls should be free of fingerprints, marks, dirt and holes.
e. Front and rear yards should be free of debris and not overgrown.
3) Working Order- Your property and appliances should be in good working order. Not only is this imperative to tenants, but it is required by city codes and rental standards. Locks should work, doors should open and close and be free of holes, windows must be able to be opened and closed as well as lock, screens should not be missing and steps should be usable. The stove and refrigerator must be in working condition.
We are in the most competitive rental market we have ever experienced. Due to the housing crisis and the local economy, there are more rental properties available to interested tenants. Properties that don’t show very well usually get passed over because there are too many available that will show well.
Remember, if your property doesn’t show well, you are probably
going to attract the wrong type of tenant.
We aren’t suggesting your repaint your entire house or go overboard remodeling. A few small improvements can go a long way in putting your property ahead of everyone else in the rental market.
Author: Service Specialties, Inc.
Service Specialties, Inc.. located in Mt. Clemens, Michigan was founded in 1981 and is owned and operated by Catherine Bott (President). Service Specialties, Inc. has managed thousands of properties over the years. Our services currently cover single-family homes, multi-units of varying sizes, apartment communities, office, retail, and industrial buildings as part of our portfolio of properties.With over 25 years of experience and expertise in the management and real estate business, we are able to provide our clients with programs that exceed their expectations, maximize the value of their investment, and present information that gives them a thorough understanding of their financial position in their properties.
Our Mission Statement
Provide first class property management services to our Owners and Tenants so that our clients' property values are safeguarded and enhanced.
No comments:
Post a Comment